Settings8H · net · $10k
Funding arb · Price arb /

NFLX

RWAall NFLX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0246%/8h= −26.9% APRnext payment $2.46 per $10,000 · paid last 24h −0.112%
Price spread now: Bitget against Bybit0.000%7-day average +0.026% · you sell dearer than you buy
Net, funding: paid 7d − costs−$93as in the Funding arb table
Net, price: spread back to 7d avg − costs−$75as in the Price arb table
costs, in and out, $10k−$720.721% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.211%−$21 on $10k
Price spread, last 7 days+0.019%+$2 · spread now 0.000%, 7d avg +0.026%
Together, before fees−0.192%−$19 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Bitget is 0.026% cheaper against Bybit than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.026%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit NFLXUSDT73.9600.0246pay 0.0246% / 8h12m 59s$1.3M$886K50x
ShortBitget NFLXUSDT73.9600get 0.0000% / 8h12m 59s$4.2M$596K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Bybit. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$51.59
Price spread: 0.000% → +0.026%
−$2.56
Slippage, 4 orders
−$49.14
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$126.3
Costs to cover
0.721%
Break-even
never at this rate
Slippage from Bybit: live order book, 3 min ago; Bitget: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 3 min ago6.09 bp20.7 bp −$21129.6 bp −$1,296doesn't fitdoesn't fit
Sell Bitget live order book, 5 min ago8.11 bp20.1 bp −$2061.9 bp −$619doesn't fitdoesn't fit

NFLX on 21 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster NFLXUSDT0.0000%8h73.899−0.083%$11K$5K20xas long as short
OKX NFLX-USDT-SWAP0.0000%8h73.970+0.014%$878K$832K20xas long as short
QFEX NFLX-USD0.0000%1h73.870−0.122%$1.1M$1.4M10xas long as short
Bitget NFLXUSDTshort0.0000%8h73.9600.000%$4.2M$596K50x
SunX NFLX-USDT0.0000%8h73.965+0.007%$2K$4.6M10xas long as short
HTX NFLX-USDT0.0000%8h74.044+0.114%$10K$52K20xas long as short
Phemex NFLXUSDT0.0000%8h73.970+0.014%$1.4M$346K10xas long as short
Gate NFLX_USDT+0.0016%8h73.990+0.041%$1.4M$1.2M25xas long as short
Vest NFLX-USD-PERP+0.0046%1h73.870−0.122%$21K25xas long as short
Extended NFLX-USD+0.0048%1h73.886−0.100%$12K$19K10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:NFLX+0.0050%1h73.904−0.076%$5.0M$2.9M10xas long as short
Ondo Perps NFLX-USD.P+0.0050%1h73.860−0.135%$66K$141K10xas long as short
KuCoin NFLXUSDTM+0.0100%8h73.880−0.108%$152K$43K20xas long as short
Aevo NFLX-PERP+0.0104%1h73.970+0.013%$22610xas long as short
Variational Omni NFLX+0.0114%8h73.933−0.037%$83K$119Kas long as short
Binance NFLXUSDT+0.0121%8h73.975+0.020%$5.4M$5.6M20xas long as short
GRVT NFLX_USDT_Perp+0.0199%8h73.975+0.021%$258$136K10xas long as short
Injective NFLX/USDC PERP+0.0220%1h74.610+0.879%$83K$118K12xas long as short
BloFin NFLX-USDT+0.0241%8h73.950−0.014%$47K$77K20xas long as short
Bybit NFLXUSDTlong+0.0246%8h73.960long leg$1.3M$886K50x
Phoenix NFLX+0.0249%1h73.899−0.082%$12K$77K10xas long as short